Tesla’s Profits Plunge 71% — But Musk Bets Big on Affordable EVs

Elon Musk is under Wall Street’s microscope after Tesla’s Q1 net income dropped 71% year-over-year, sparking concern over tariffs, distractions like DOGE, and rising EV competition. Despite the slump, Tesla stock rose in after-hours trading, fueled by investor optimism around new, affordable EVs launching this June. Musk says he’s dialing down his DOGE antics to focus on getting Tesla back on track.

Read Full Article :- Tesla Revealed First Quarterly Earnings Report, Profit Dropped 71%